Hitachi would invest Rs 4,700 crore in India by 2016 to expand capacities across business verticals including construction machinery. The move is part of a bigger strategy to expand its global footprint. Through this expansion the company aims to triple the sales of Hitachi India to Rs 20,000 crore and raise local headcount by 5,600 over the period. India currently accounts for only one per cent of Hitachi?s global sales, at Rs 6,700 crore. The expansion will raise local sales to three per cent of the overall figure by 2016. Going forward, Hitachi plans to develop India as a base for exports to expand presence in Africa and West Asia/North Africa.